TORONTO, Sept. 29, 2017 /CNW/ - The LCBO today released a Request for Bids (RFB) for eligible Ontario grocery retailers wishing to sell beer and cider. The RFB for the final 95 authorizations to sell beer and cider has been posted on the procurement website, Biddingo.com.
The LCBO Request for Bids initiates a competitive process to select which grocers will be able to purchase beer and cider from the LCBO for resale to the public. This will be an open, fair and transparent process through which eligible grocery retailers will bid on the financial terms on which they will purchase beer and cider from the LCBO. Successful bidders will then apply to the Alcohol and Gaming Commission of Ontario (AGCO) for an authorization(s) to sell beer and cider.
Eligibility requirements are set out in regulations under the Liquor Control Act.
Interested grocery retailers are asked to register and access the LCBO RFB at biddingo.com.
The deadline for submissions to the RFB is Monday November 6, 2017 no later than 10:00:59 am EST.
LCBO has engaged the services of a fairness commissioner to provide oversight and advice to support integrity and fairness throughout the bidding process.
The LCBO is an Ontario government enterprise and one of the world's largest buyers and retailers of beverage alcohol. Through over 660 retail stores, e-commerce, catalogues, special order services, and more than 210 agency stores, which provide cost effective, convenient and socially responsible access for rural consumers; the LCBO offers more than 24,000 products from over 80 countries annually to consumers and licensed establishments.
LCBO transfers revenue from annual sales to the province in the form of a dividend. Through expansion and refreshing of our store network, together with improvements to operational efficiency and the customer shopping experience, the LCBO has been able to increase its fiscal return to the government and people of Ontario each year for 23 years and is on track to do so again this year. In fiscal 2016-17, LCBO recorded $5.89 billion in sales and delivered a record dividend to the province of $2.06 billion, excluding taxes. These revenues help pay for important public services including health care, education and investment in public infrastructure.
For more information on the LCBO, visit www.LCBO.com
For further information: Media inquiries: LCBO Press Office, 416-864-6700, email@example.com